In a significant development, Intel won a landmark $1.2 billion (1.06-billion euro) antitrust fine from the European Union with the Europe’s top court ruling in favour of Intel’s arguments. The ruling by the court is likely to cheer Alphabet’s Google as… Read More ›
rebates
Cigna Corp overpaying for acquiring Express Scripts Holding Co: Carl Icahn
The deal, as pointed out by Carl Icahn’s letter to Cigna’s shareholders, has at least two significant areas of concern. On Tuesday, billionaire investor Carl Icahn urged Cigna Corp’s shareholders to vote against Cigna’s $52 billion acquisition of Express Scripts… Read More ›
15 U.S. companies have reduced their tax liabilities to negative tax rates in 2017
Here is a very interesting report by the Institute on Taxation and Economic Policy that is an eye opener on the ways Fortune 500 companies in the U.S. are routinely taking advantage of the U.S. tax code to boost their… Read More ›